Bill > SF2334

This bill establishes a property tax credit for licensed in-home child care providers in Minnesota. The credit is equal to 50% of the net tax owed on the property used to operate a family day care or group family day care program. The Department of Human Services will provide a list of licensed providers to each county, and the county auditor will determine and certify the tax reductions, which the state will then reimburse to the local taxing jurisdictions, including school districts. The bill also modifies existing laws to incorporate the new credit into the calculation of net property taxes and the notice provided to taxpayers.